If the funds are deposited to the ICB, with the funds a portion of the term deposits will be repaid, and the remainder will be invested in the capital market. By repaying some of these term deposits, ...

Hundreds, possibly thousands, of people have lost huge sums of money after ‘investing’ in online trading company Banxso, which is now facing liquidation and whose trading licence remains suspended.

2019 was issued by the RBI under our new name to carry on the banking business in India, in lieu of our previous license dated June 19, 1969, consequent to the change of name of our Bank.